The kleptocrats and olograchs hate this idea but you should support it. This is why we need a general debt amnesty. Micheal Hudson tells us why a clean slate for people in debt is healthy for the economy.

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The kleptocrats and olograchs hate this idea but you should support it. This is why we need a general debt amnesty. Micheal Hudson tells us why a clean slate for people in debt is healthy for the economy.
Supply or demand?
Is public spending supply or demand-side economics?
Although the ECB and the IMF argue that government spending impacts consumption and satiates demand, there is very little consensus amongst practitioners whether government implements supply or demand-side economics.
At its rudiment, the question asked is whether government is the supplier of goods such that it may influence the Aggregate…
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